EP 1110-1-8
(Vol. 3)
31 July 03
6. HOURLY RATES
a.
Total Hourly Rate: [based on 40 hours per week (wk)]
(Ownership Cost) + (Operating Cost)
($
/hr) + ($
/hr)
=$
/hr
b.
Other Work Shifts Hourly Rate:
(Refer to Chapter 3, Adjustments to Rates, for methodology.)
[(Depreciation) + [(FCCM) x (40 hr/wk) / (Work hr/wk)] + (Operating Cost)]
[4.a.(2)]
[4.b.(2)]
(example: 60 hr/wk)
[5.g.]
/hr) + [($
/hr) x (40 hr/wk) / (
hr/wk)] + ($
/hr)]
[($
=$
/hr
c.
Standby Hourly Rate:
[(Depreciation) x 0.50] + (FCCM)
[4.a.(2)]
[4.b.(2)]
/hr) x 0.50] + ($
/hr)
=$
/hr)
[($
See Chapter 3 if rate adjustments are necessary.
page 6 of 6
Equipment Rate Computation Worksheet (copy as needed).
A-13
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